You probably won’t see striking workers outside Ford Motor Company plants in the near future, all thanks to a tentative four-year labor contract reached between the automaker and the United Auto Workers late Thursday night. With General Motors leading the way in the latest round of Detroit Three bargaining, Ford worked quickly to seal a deal that likely incorporates many planks found in the now-ratified GM agreement.
While the automaker and union haven’t released details of the proposed contract, sources claim an engine plant will have to close up shop. Shuttering one parts plant won’t do much to save Ford much cash, but at least it allows the automaker to (tentatively) avoid the kind of strike that just cost its Detroit rival over $2 billion.
After reaching a tentative agreement with General Motors on Wednesday, the United Auto Workers has released a summary of the proposed labor contract.
Contained within are wage hikes for GM autoworkers, lump sum increases, a generous signing bonus, the removal of caps on profit-sharing payouts, and a health care plan that maintains the status quo. It would also keep one previously doomed assembly plant open.
What we don’t know, at this point, is when the ongoing strike will end.
Hours after a four-year contract between the United Automobile Workers and General Motors expired without an extension, the union voted to kick off a nationwide strike against the automaker at 11:59 pm Sunday. The move would leave plants darkened and upwards of 49,000 auto workers on the picket line.
In a letter to members, UAW leadership said that while “some progress” has been made in its negotiations with GM, numerous outstanding issues remain — among them, wages, health benefits, temporary employees, job security, and profit sharing.
Given a number of looming or already completed plant closures announced by GM last fall, the union picked the automaker as its first bargaining target. UAW bargaining units for Ford and Fiat Chrysler opted to extend their deadlines.
As Hollywood writes it, when you make a deal with Satan, he bestows onto you whatever you covet most in exchange for your soul. However, there is usually some dark twist that ruins the overall experience long before you can settle into hell’s never-ending torment. If you ask him for money, it’ll be stolen from the mob and they’ll hunt you down. If you ask him for power, he’ll make you the next Adolf Hitler. The devil’s bargain is a well-established trope — you get what you asked for but cannot fully enjoy it thanks to some twisted fine print.
Fiat Chrysler’s SRT Demon Customer Acknowledgment contract functions similarly. Perhaps it’s a necessary evil because it specifically prohibits the brainless activities which would absolutely result in your 800+ horsepower drag car killing you or a loved one. That said, you could ignore all of the rules FCA carefully chose to include within the contract. But, when you do, the manufacturer has itemized and initialed proof where it explicitly forbid you from doing so.
A Massachusetts-based parts supplier you’ve probably never heard of could force General Motors’ entire North American operation to grind to a halt.
Clark-Cutler-McDermott Co. stopped making acoustic insulation and trim pieces for GM vehicles on Friday after declaring Chapter 11 bankruptcy, a situation it blames on money-losing contracts signed with the automaker, a source told The Detroit News.
This is the Renault Zoe. It’s like most EVs on the road, with its limited range, limited power, and limited usability.
Unlike the other EVs, however, the Zoe comes with DRM attached to its battery pack. In short: If you value your ability to drive the Zoe at all, then you will submit to a rental contract with the pack’s manufacturer. Should you fail to pay the rent or your lease term expires, Renault can and will turn your Zoe into an expensive, useless paperweight by preventing the pack’s ability to be recharged, consequences be damned.